Question
The process where a securities transaction is matched,
confirmed, and settled through a central counterparty is primarily handled by:Solution
A Clearing Corporation (or Clearing House) acts as the central counterparty (CCP) between buyers and sellers after a trade is executed on an exchange. It ensures settlement by novation (becoming the buyer to every seller and seller to every buyer), manages risk through margins, and guarantees the trade.
What is India’s estimated geothermal energy potential as per the National Geothermal Energy Policy?
Which river hosts the freshwater fish species locally known as ‘kaka chekida’?
Reserve Bank of India recently allowed settlement of trade transactions in Indian rupee with which of the following Asian Country?
How much did the State Bank of India raise through its tier 2 bond issue for FY25?
Which state/UT is the second largest producer of e-waste in India?
In what year did Odisha previously attempt a tiger translocation to Satkosia Tiger Reserve, which was later deemed unsuccessful?
What was the theme of the three-day conference associated with the launch of the Gyan Bharatam Portal?
Which city is hosting the first meeting of the G20 Finance Track under India’s Presidency?
Atal Vayo Abhyuday Yojana (AVYAY) is aimed at supporting which segment of the population?
________has surpassed Hindustan Unilever (HUL) to become the most-valuable fast-moving consumer goods (FMCG) stock after a gap of more than four years...
